Deidre is single and has dividend income of $7,500 and a $6,000 long-term capital gain. She pays

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Deidre is single and has dividend income of $7,500 and a $6,000 long-term capital gain. She pays $9,000 of investment interest expense. The interest expense relates to all the assets in her portfolio. Deidre has no tax-exempt income, and her marginal tax rate is 33%.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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